MARKET NEWS for pig meat
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1 MARKET NEWS for pig meat Market analysis 17 December 2018 Week 51 MARKET SITUATION Europe: Trading in legs and other cuts is at unchanged or slightly falling prices. UK: Prices are reported as stable. Demand continues to be stable for both China and Japan. Slaughterings in Denmark Week 47 Week 48 Week 49 Week /2017 Total 386, , , % Danish Classification Control Service representing around 98% of all finished pigs and sows slaughtered, excluding culled pigs. FUTURES Chicago ($ per 100 lbs slaughter weight) 14/12 7/12 Change 2018 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Conversion factors: 1 lb = kg $ =
2 EU 2 African Swine Fever According to the EU Commission s reporting system for the outbreak of disease, the following outbreaks of ASF were reported for the following countries and Ukraine up to and including 9 December. Countries Period Year to date 2 Dec - 9 Dec 1 Jan - 9 Dec Pigs Wild boar Pigs Wild boar Estonia Latvia Lithaunia ,386 Poland ,289 Italy Ukraine Czech Republic 28 Romania 6 8 1, Hungary Bulgaria 1 4 Belgium Total ,432 5,028 RUSSIA African Swine Fever Last week, Russia reported one outbreak of African Swine Fever among wild boar in the west of the country. CHINA African Swine Fever African Swine Fever continues to spread across China. A total of 90 cases has been reported so far. CHINA Closure of small farms in the Beijing region According to The Pig Site, the authorities have decided to close all pig farms in the Beijng region with fewer than 500 pigs. Compensation of 1,200 rmb (USD 175) per pig, irrespective of weight, will be awarded.
3 CHINA 3 Increased imports of American pig meat in 2019 International news media report that Rabobank expects to see increased Chinese imports of American pig meat as a result of the truce agreed between the two countries. However, Rabobank has not put forward any specific figures and believes that the increase will be driven politically rather than by actual demand. Rabobank notes that current demand from China is weak despite the spread of African Swine Fever in the country and the coming Chinese new year. According to The Pig Site that references China News, China must agree to triple imports of American pig meat in 2019 compared to This is part of the agreement entered into between the two countries at the G-20 meeting in Argentina. VIETNAM Foot and mouth disease Asian Agribusiness reports that there are confirmed cases of foot and mouth disease in the Ba Vi district in Hanoi. According to the authorities, this is because some small-scale pig producers have omitted to vaccinate against the disease. The outbreak is, however, under control although there is a significant risk of an outbreak amongst cattle that are still not vaccinated against the disease. The authorities have culled 268 pigs and vaccinated all 12,275 pigs in the area. GERMANY Federal Council resolves to extend deadline for castration without anaesthetic Last week, the German Federal Council resolved to extend the deadline for castration without anaesthetic by two years. German piglet producers can, therefore, continue to castrate piglets without anaesthetic until 1st January JAPAN Classical Swine Fever The authorities in Japan continue to report a number of new cases of Classical Swine Fever among wild boar in the Gifu region. There was also one outbreak at a small pig farm in the region last week. EU/ JAPAN EU Parliament approves free trade agreement between EU and Japan Last week, the EU Parliament approved the free trade agreement between the EU and Japan, which is expected to take effect from 1 February The agreement is of major importance to the EU s pig meat sector because the EU will be able to expand its exports of pig meat to Japan, in particular, processed pig meat products.
4 EU 4 Pig meat exports The following tables show EU exports of pig meat according to categories, exporters and importers for the period January-October. Categories Jan-Oct Jan-Oct % change :17 Live pigs 15,998 10,610 50,8 Fresh/frozen 1,696,524 1,610,241 5,4 Bacon 34,435 31,855 8,1 Processsed 141, ,230 2,8 By-products 1,221,657 1,266,593-3,5 Total 3,109,700 3,056,528 1,7 Exporters of pig meat from EU Jan-Oct Jan-Oct % change :17 Germany 712, , Spain 678, , Denmark 438, , France 191, , Holland 378, , Poland 199, , UK 119, , Ireland 81,565 78, Belgium 66,748 76, Italy 83,170 84, Hungary 32,739 71, Austria 35,635 34, Others 91,048 96, EU-28 3,109,689 3,056, Importers of pig meat from EU Jan-Oct Jan-Oct % change :17 China 1,114,785 1,135, Hong Kong 201, , Japan 324, , Philippines 234, , South Korea 261, , USA 127, , Ukraine 87,263 69, Australia 65,944 70, Montenegro 19,053 15, Angola 27,775 26, Russia 2,197 4, Belarus 8, Others 634, , EU-28 3,109,700 3,056,
5 PHILIPPINES 5 Imports of pig meat 0203 Fresh/frozen pig meat Jan-Sept Jan-Sept Jan-Sept % change :17 Canada 14,172 20,133 28, Germany 19,772 17,139 15, USA 4,914 11,178 11, France 9,562 9,984 9, Spain 4,147 5,837 5, Brazil 675 1,211 4, Holland 839 2,246 1, Australia , UK 1,335 1,737 1, Denmark 1, Belgium 722 1, Ireland Others Total 58,441 73,459 81, By-products Jan-Sept Jan-Sept Jan-Sept % change :17 Spain 21,356 28,674 34, Germany 24,055 32,270 32, USA 12,577 13,471 18, France 11,813 10,121 11, Holland 6,553 8,556 11, UK 3,879 5,523 8, Belgium 8,340 7,637 7, Canada 6,691 5,814 7, Denmark 3,125 3,962 3, Ireland 1,755 1,514 2, Australia 1,657 1,276 2, Others 798 1,888 1, Total 102, , , Pigs liver Jan-Sept Jan-Sept Jan-Sept % change :17 Spain 4,532 3,794 5, Germany 2,708 2,254 2, Ireland 792 1,470 2, Australia 1,655 1,330 1, Holland 1,749 2,630 1, UK 701 1,910 1, Canada 1,041 2,228 1, Brazil , Belgium Others Total 15,094 16,945 18,
6 PHILIPPINES 6 Stabile pig population According to international news media, the Philippines pig population stood at million as at 1 October This represents a rise of 0.9 per cent compared to one year ago. Commercial farms account for 36 per cent of the population against 64 per cent so-called backyard farms. For the July quarter, pig meat production amounted to 541,000 tonnes against 527,000 tonnes for the same quarter last year a rise of 2.5 per cent. SOUTH AFRICA Foot and mouth disease Last week, the authorities in South Africa reported one outbreak of foot and mouth disease. Some 700 head of cattle were affected. Please note! The next Market News will be published at the end of the first week in January. S:\EA\Svin\Markedsnyt\2018\Markedsnyt 2018 uge 51.docx / 17. december 2018
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